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Napster: Messier raises the stakes.
Vivendi Universal CEO Jean-Marie Messier has capped the escalating war of words between Napster/ Bertelsmann and the other majors by declaring that the "musical jukebox" Sony and Universal are developing to rival Napster will be "technically" ready by summer.
Messier last week followed the recent example set by AOL Time Warner's Roger Ames and Richard Parsons by distancing Vivendi from Napster as he unveiled new details of his company's joint venture digital distribution service with Sony Music, which he claims is set to license 50% of the world's music.
"We often thought that an alliance with Napster would be the only possibility, but I don't believe it is right to give the advantage to pirates", said Messier as he unveiled details of the service, which has been given the working title Duet. UMG France president Pascal Negre later described Duet as an alternative to Napster that will offer a secure network allowing clear monitoring of track use.
Sony and Vivendi's move followed Napster/Bertelsmann's announcement earlier in the week that it planned to distribute 60% of its revenue to copyright holders when it launches its service in July. Napster interim CEO Hank Barry said this was worth $1bn to record companies, publishers and artists over five years.
The Napster chief added that this would specifically free up $150m (103.2m [pounds sterling]) for division between the five majors annually with a further $50m (34.4m [pounds sterling]) for sharing among indies and others. Revenue would be derived from subscriptions ranging from $2.95 (2.03 [pounds sterling]) limited access to $9.95 (6.80 [pounds ...
- Bertelsmann confirms [pounds sterling]20m offer for Napster. (International).
- Magazine article from: New Media Age April 11, 2002 700+ words
...an offer of up to [pounds sterling]20m to the original owners of Napster to take full control...been in talks with Napster's VC Hummer Winblad...originally paid $50m ([pounds sterling]35m to Napster as a part investment...
- EMI in [pounds sterling]10bn fight with Bertelsmann over piracy claims; IN...
- Newspaper article from: The Evening Standard (London, England) June 5, 2003 700+ words
EMI is to join a [pounds sterling]10 billion legal fight brought...more than $100 million ([pounds sterling]61.3 million) in Napster, the nowdefunct music-swapping...and management resources in Napster...Bertelsmann enabled...
- Windows Media Center heralds 2bn [pounds sterling] home entertainment...
- Magazine article from: New Media Age Brooks, Greg October 21, 2004 700+ words
...will create a 2bn [pounds sterling] digital home entertainment...Conchango has put 1.5m [pounds sterling] into R&D...market worth 2bn [pounds sterling] over the next three...stores MSN Music, Napster and Tiscali. microsoft...
- Infuriating phone tunes cost [pounds sterling]230m in lost royalties.
- Newspaper article from: The Daily Mail (London, England) Kendall, Paul April 25, 2001 700+ words
...could be missing out on as much as [pounds sterling]230million each year. The survey carried...a court case against Internet company Napster, which allows computer users to download...scale of the problem. This is another Napster in the making.' The Mechanical Copyright...
- Phone tunes cost [pounds sterling]230m royalties.
- Newspaper article from: The Daily Mail (London, England) April 25, 2001 700+ words
...is passed on and they could be missing out on as much as [pounds sterling]230million each year. The survey by software company Envisional...already in the middle of a court case against Internet company Napster, which lets computer users download copyrighted songs without...
- Napster 2.0 Goes Live in the UK Today; Music Fans Across England, Scotland,...
- Press release article from: PR Newswire May 20, 2004 700+ words
...at http://www.napster.co.uk/, for just 9.95 pounds Sterling a month, Napster subscribers can listen...and albums for 9.95 pounds Sterling after listening to...second samples of the Napster UK library. At no...
- All about the music: Chris Gorog in buying up Napster, one of the most...
- Magazine article from: New Media Age Adegoke, Yinka March 18, 2004 700+ words
...remains of the Napster brand for $5m (2.7m [pounds sterling]) in December...regards to Napster), the $35m (19m [pounds sterling]) acquisition...platform for Napster. "It was...100m [55m [pounds sterling]] was invested...
- Napster takes on iTunes with Dixons partnership.(Brief Article)
- Magazine article from: New Media Age May 6, 2004 700+ words
...pounds sterling]-22m [pounds sterling]) between April 2004 and...to iTunes' $70m (39m [pounds sterling]) in its first year to...sales of $7m (3.9m [pounds sterling]) this quarter. Napster hopes to get a head start...